Chapter 3 IF1 Quizsearch

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Y P B I S P S D T E S W Q V W W H N N
M R Y J N Q R G M D L Y V N N Y B O L
J I B B X I C R C O R G J N U G F S C
M X R R U S O G D L C G N Y T V I V B
V R V U N D N W A X K V O Y N M B A G
F Y T X C W S Y L B G B I L E D Y S O
A T N L O A I F Q R C L T C S M N E X
R W E D N R D U K W Y A A D N I Q P Y
V R L J D R E L F U J N C R O I G N K
F A U N I A R F A W V O I C C Q X C D
C U D E T N A I B K G I F W U U E D U
K Q U C I T T L I B U T I S K A P V I
T Q A E O Y I M N A X I T W Y P V R C
X B R S N M O E I Q U D A M C Y F L K
B C F S A Q N N T V R N R R H N X X O
F U S I L B A T O L U O I V G R C T I
G Y V T L B B T R L F C Y Y U V R W O
B B J Y O J U A A F F O T D A S V Y O
H J J D L W S K C G V H K K O D R C X

Clues

  • A contract must be supported by this to be valid and is often in the form of money (13)
  • A means of terminating the insurance contract if there was a total loss of the subject matter e.g. if a car was burnt out (10)
  • A term in an insurance contract which according to the Marine Insurance Act 1906 must be exactly and literally complied with by the insured (8)
  • A way agency can arise if the agent acts without authority but the principal accepts the act as having been done on their behalf (12)
  • A way agency can arise when a person is entrusted with someone else's goods and it becomes necessary to act in a certain way in order to preserve the property in an emergency (9)
  • A way agency can arise where both parties enter into a legally enforceable agreement (7)
  • An insurer can avoid a contract as a consequence of non-disclourse/misrepresentation by setting it aside as (7)
  • The final and unqualified agreement to an offer (13)
  • Type of acceptance if new terms are introduced (11)
  • Under IA 2015 what type of act can an insurer elect to terminate the insurance contract from the time of a act without a return of the premium (10)

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